Could Buying Archer Aviation Stock Today Set You Up for Life?

Archer Aviation (NYSE: ACHR) is one of a handful of companies pioneering one of the most disruptive innovations in transportation in generations.Archer is a development-stage manufacturer of electric vertical takeoff and landing (eVTOL) vehicles. These vehicles are similar to electric helicopters, but offer some advantages. They're much quieter than helicopters. They have multiple engines rather than a single engine, aiming to eliminate the single-point-of-failure problem in helicopters, and as EVs, they avoid the emissions of helicopters.Investors are clearly excited about Archer Aviation, as the stock has jumped 155% over the last year. It soared after the election, and it's continued to rise since then, even though the company has no revenue. Its market cap is now at $6.2 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool